CEO Michael Halstead Buys $1.35M of Cybin Stock at $13.47
HELP has more than doubled off its 52-week low of $3.76.
Summary
Cybin CEO Michael Halstead purchased $1.35M of company stock on the open market, a significant insider buy that nearly equals the company's entire market cap.
Key Events · Ownership and Investor Activity · HELP
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CEO Buys $1.35M in Open Market
Michael Halstead purchased 100,000 shares at $13.47 per share for a total of $1,347,050 on September 21, 2026.
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Purchase Nearly Equals Market Cap
The transaction value of $1.35M represents approximately 98% of the company's $1.37M market cap, an extraordinary personal commitment.
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Follows Insider Buying Cluster
This purchase follows three consecutive open-market buys by Chief Growth Officer Paul Glavine totaling $3.47M between September 9-11, 2026.
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Post-Transaction Holdings
Halstead now directly owns 168,568 shares following the purchase.
Analysis · HELP · Life Sciences
CEO Michael Halstead bought 100,000 shares on the open market for $1,347,050 at $13.47 per share. This is a massive personal bet by the top executive, representing nearly the entire market cap of the company. It follows a series of large insider purchases by the Chief Growth Officer earlier this month, signaling strong internal conviction in the company's prospects despite recent heavy cash burn and a $50M dilutive offering in June.
How filings like this one have moved
In the 30 days to Oct 22, 2026, 46.1% of the 284 measured filings Wiseek scored 9 moved their stock by 5% or more by the next session's close. The median move was -0.53%. These are measured outcomes after filings of this importance, not a forecast for this one.
Measured one observation per ticker per day, after exclusions. Current figures: Filing Impact Tracker · open dataset
At the time of this filing, HELP was trading at $13.67 on NASDAQ in the Life Sciences sector, with a market capitalization of approximately $1.4M. The 52-week trading range was $3.76 to $15.15. This filing was assessed with positive market sentiment and an importance score of 9 out of 10.